Lockheed Martin Posts Record $292B Backlog, Raises 2026 Outlook
Lockheed Martin reported Q3 2026 sales of $20.7B, up 11%, driven by a record $292B backlog and PAC-3 interceptor awards, raising full-year profit guidance.
Market Education
Learn how stocks, bonds and capital markets work. Explore plain-English explanations, worked examples and charts, then follow related coverage to connect market concepts with current events. Find your way around ECMSource.
Portfolio Rebalancing: Calendar vs. Threshold Bands Explained
Learn how portfolio rebalancing restores target asset allocation, controls risk drift, and minimizes taxes using calendar rules and tolerance bands.
American Express Posts Record $20.1B Q3 Revenue, Raises 2026 Guidance
American Express posted record Q3 2026 revenue of $20.1B and raised full-year EPS guidance to $18.30–$18.60 on strong cardholder spending and credit quality.
Rights Offerings Explained: Subscription Ratios and TERP Math
Learn how rights offerings work, how subscription ratios and theoretical ex-rights price (TERP) protect shareholder value, and the cost of expiring unexercised.
Why Humana and UnitedHealth Are Dropping 1M Medicare Members
Humana and UnitedHealth are dropping Medicare Advantage plans for nearly 1M seniors. Here is how insurers are shedding members to protect profit margins.
Price Return vs. Total Return: How Reinvestment Shapes Wealth
Understand the difference between price return and total return, how dividend reinvestment compounds over time, and the tax drag in taxable brokerage accounts.
Western Digital Q1 Gross Margin Hits 58% on AI Cloud Storage
Western Digital posted Q1 FY27 revenue of $4.38B as gross margin surged to 58.1% on cloud storage demand, lifting free cash flow to $1.38B.
Accredited Investor Rules: Net Worth, Income, and Tests Explained
Understand SEC Rule 501 accredited investor criteria: the $1M net worth test, $200K income thresholds, qualifying licenses, and Rule 506(c) verification.
Meta Q3 Revenue Hits $64.6B, Sets Class C Non-Voting Dividend
Meta Platforms reported Q3 2026 revenue of $64.60 billion and announced a 1:1 non-voting Class C stock dividend to fund multi-year AI capital spending.
Dual-Class Stock Explained: Class A, B, and C Shares
Understand how dual-class stock works, the differences between Class A, Class B, and Class C shares, and why founders use multi-class voting structures.